Global Market - Angel One

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Asian Stocks Follow Wall Street dip as US Fed hints rate hikes

21 June 2021

Wall Street registered a slight fall on Wednesday after the Federal Reserve announced their benchmark rates would be raised twice by late 2023. Federal Reserve, however, had previously predicted no interest rate hike before 2024. Most Asian stock markets followed Wall Street and registered a fall on Thursday. Impact on Wall Street Such an indication …

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Asian Stocks Extend Gains, Upbeat Outlook

7 July 2021

Recent Asian Equities Surge Most Asian markets rose on Monday, extending a surge that pushed global shares to new highs after a US report showed the economic recovery was still intact but didn’t necessitate a withdrawal of the Federal Reserve stimulus just yet. The Nikkei, on the other hand, bucked the trend, dropping 0.5 percent …

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